Ronald Reagan on economics

You can tell a lot about a fellow’s character by his way of eating jellybeans.

Some of your countrymen were unable to distinguish between their native dislike for war and the stainless patriotism of those who suffered its scars. But there has been a rethinking and now we can say to you, and say as a nation, thank you for your courage.

In this present crisis, government is not the solution to our problem; government is the problem.

A national debt, if it is not excessive, will be to us a national blessing.

Alexander Hamilton1757–1804Letter to Robert Morris (30 April 1781)

Underlying most arguments against the free market is a lack of belief in freedom itself.

Milton Friedman1912–2006Capitalism and Freedom (1962), Ch. 1 The Relation Between Economic Freedom and Political Freedom, 2002 edition, page 15

• Business
• Freedom

It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own neccessities but of their advantages.

Adam Smith1723–1790The Wealth of Nations (1776), Book I, Chapter II, p. 19.In context